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credit rating
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   Also found in: Dictionary/thesaurus, Medical, Financial, Wikipedia 0.04 sec.

credit rating

Measure of the willingness or ability to pay for goods, loans, or services rendered by an individual, company, or country. The lower the credit rating of a firm, the higher the interest charged by banks and other creditors is likely to be. A firm or country with a high credit rating will attract loans on favourable terms.


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Best began publishing credit ratings in 1999 for corporate debt, preferred stock and commercial paper as a natural extension of its expertise in providing Financial Strength Ratings and evaluations for insurance companies since its founding in 1899.
InfoUSA has brought out Business Credit Ratings Pro, the new version of its commercial credit evaluation software.
Moreover, while the role, use and performance of credit ratings are well defined in the traditional bond markets, credit derivatives investors and members of the global regulatory community have raised questions about whether traditional ratings alone completely address the risks inherent in the credit derivatives market.
 
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